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Updated almost 8 years ago,

Bobby Holley's profile image
Bobby Holley's profile image
Bobby Holley
  • Entrepreneur
  • from Duluth, Georgia
  • Member since Sep 16, 2015
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User Stats

68
Posts
5
Votes
Bobby Holley's profile image
Bobby Holley's profile image
Bobby Holley
  • Entrepreneur
  • from Duluth, Georgia
  • Member since Sep 16, 2015
Connect
Bobby Holley
  • Entrepreneur
  • Duluth, GA
5
Votes |
68
Posts
Private Lending & Conventional Mortgage Advice

HELOC

Bobby Holley
  • Entrepreneur
  • Duluth, GA
Posted

I was recently approved for a $50,000 HELOC at an extraordinarily high 8% for 480 months. I'm paying off a current $27,000 HELOC at 4.75%. Is it possible that I can agree to this new HELOC and turn around and get it refinanced? If so, how long might it take and what rate do you think I could get?

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